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Microchip (MCHP) CEO Reports 282-Share ESPP Purchase

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Steve Sanghi, President, CEO and Chair of Microchip Technology Inc. (MCHP), acquired 282 shares on September 2, 2025 under the companys 2001 Employee Stock Purchase Plan at a price of $49.2575 per share. After this transaction he is reported to beneficially own 10,167,682 shares indirectly through The Sanghi Trust (4,261,810 shares) and The Sanghi Family Limited Partnership (5,905,872 shares). The Form 4 was signed on behalf of the reporting person by an attorney-in-fact on September 3, 2025. The purchase is described as an exempt transaction under Rule 16(b)-3(d) funded by contributions during the six-month ESPP period ended August 31, 2025.

Positive

  • None.

Negative

  • None.

Insights

TL;DR: Routine small ESPP purchase by a senior insider; reflects participation but is immaterial to control.

The filing documents a standard, exempt ESPP purchase of 282 shares by the CEO and Chair. The transaction complies with Rule 16(b)-3(d) and was funded by prior payroll contributions. The sizable indirect beneficial ownership (>10 million shares) remains concentrated in family vehicles, indicating continued control influence, but the incremental purchase is too small to alter governance or voting dynamics.

TL;DR: Minor insider buy under plan; not materially impactful to equity valuation or float.

From a market perspective, a 282-share ESPP acquisition at $49.2575 is immaterial given the reporting person's multi-million-share stake. The disclosure is routine and timely, showing adherence to Section 16 reporting requirements; it does not change outstanding share economics or signal a material change in insider position.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Sanghi Steve

(Last) (First) (Middle)
C/O MICROCHIP TECHNOLOGY INCORPORATED
2355 WEST CHANDLER BOULEVARD

(Street)
CHANDLER AZ 85224-6199

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
MICROCHIP TECHNOLOGY INC [ MCHP ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
President, CEO and Chair of Bd
3. Date of Earliest Transaction (Month/Day/Year)
09/02/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 09/02/2025 A(1) V 282 A $49.2575 10,167,682 I Shares held Indirectly, by Trust and by Family Limited Partnership.(2)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Shares were acquired under the Microchip Technology Incorporated 2001 Employee Stock Purchase Plan on September 2, 2025, in an exempt transaction pursuant to Rule 16(b)-3(d), paid for by contributions made during the six month period ended August 31, 2025.
2. Of the 10,167,682 shares held, 4,261,810 shares were held by The Sanghi Trust; and 5,905,872 shares were held by The Sanghi Family Limited Partnership.
Remarks:
Deborah L. Wussler, as Attorney-in-Fact 09/03/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What transaction did Steve Sanghi report on Form 4 for MCHP?

The Form 4 reports an acquisition of 282 shares of Microchip Technology Inc. by Steve Sanghi on September 2, 2025 under the company's ESPP.

At what price were the MCHP shares purchased in the Form 4?

The shares were purchased at a price of $49.2575 per share.

How many MCHP shares does Steve Sanghi beneficially own after the reported transaction?

He is reported to beneficially own 10,167,682 shares indirectly following the transaction.

How is Steve Sanghi's beneficial ownership of MCHP shares structured?

Of the total, 4,261,810 shares are held by The Sanghi Trust and 5,905,872 shares are held by The Sanghi Family Limited Partnership.

Was the ESPP purchase reported on Form 4 an exempt transaction?

Yes, the filing states the purchase was an exempt transaction pursuant to Rule 16(b)-3(d), funded by contributions during the six-month ESPP offering period ended August 31, 2025.
Microchip Technology Inc.

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28.41B
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Semiconductors
Semiconductors & Related Devices
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United States
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